In the USA, the cost of processing a paper invoice is approx. 20 USD for the buyer and 13 USD for the supplier. Whereas processing a digital invoice cost approximately 7 USD for the buyer and 5 USD for the supplier.
Day by day, the competition is growing in every business or industry. Therefore, it is essential to find and implement effective ways to maintain customer satisfaction. Whether you are a freelancer, entrepreneur, or SMB, expanding customer base and retention remain the two most significant focus areas for any organization in 2022.
Even the same applies in the invoicing world; instead of online invoicing and, to be specific about cloud invoicing software, many online invoicing software providers are offering free invoice generators for trial. A customer has many options to choose from in such a wake. However, it is not a fruitful exercise as this automated invoicing software mainly helps upcoming or startup entrepreneurs and SMEs.
The features and functionalities that the online billing software for small businesses offers are unique. Which one of these is most suitable or gets perfectly balanced with your accounting system is instead a question to consider. However, most of them offer a handful of standard features which are sufficiently beneficial to any business and its operations. But then again, every business needs to be as specific as they are unique.
A professional cloud invoicing software with the latest features can go a long way in such a scenario. However, before we see those features, let us first understand the advantages of using automated invoicing software for your company. Of course, only the best invoice app offers the most productivity and efficiency increase in an organization.
10 Benefits of cloud invoicing software
Are you managing manual invoices and timesheets? Manual bookkeeping shall never be out of fashion, but online invoicing software offers multiple advantages. Here are the top ten reasons for switching your manual invoicing system to digital.
It eliminates your company’s paper, ink, envelopes, stamps, postage, etc. Using the free invoice generator app, you can send digital invoices anytime, via any device in a fraction of a second.
2. Quick & efficient
Automated invoicing software helps users to choose from 66+ predefined readymade invoicing templates. Quickly turning your estimates into invoices helps you efficiently with the task. Moreover, you can track the accountability of all your tasks even while you are on the go.
Also, if you choose Moon Invoice- you need not download templates for sending invoices. Our billing software for businesses offers readymade templates to save your time and effort while designing invoices. Learn more about downloadable invoice templates vs. cloud invoicing software.
3. Quite simple to use
The online invoicing Software doesn’t require special training. It has a simple and easy-to-understand user interface and intuitive design. As a result, one can quickly get its hang and instantly produce invoices and bills efficiently.
4. Cloud access & feasibility
Of course, your company’s data is stored in the cloud with a cloud invoicing software like Moon Invoice. So, merely with an internet connection, you can get hold of any financial data and generate invoices from any device, no matter where you are present.
5. Data security
Online billing software comes with assured data security. Your data is safe and secured in the cloud preventing it from the crash or hanging. Moreover, you can securely access your data with whichever device you log in to by leveraging the benefits of cloud invoicing software.
Do You Need a Time-Tracking Tool with Invoicing?
6. Multi-currency support
Automated invoicing software or cloud invoicing software offers multi-currency support to help a business owner generate invoices in different currencies. Freelancers, contractors, and SMEs get their businesses from across the world- for which they require an online invoicing app for generating particular invoices in different currencies. It is merely possible using our online invoicing software, Moon Invoice.
7. Multi-language support
Digital invoicing apps allow the users to generate invoices in different languages such as English, Spanish, French, Hindi, Italian, Arabic, etc. Businesses can generate and send the invoice in the client’s language they prefer to read or understand.
8. Customer support
While managing invoices via bookkeeping or manual spreadsheets, the accounts manager or business owner doesn’t have the ultimate advantage of getting support. At the same time, cloud invoicing software offers 24*7 customer support to help generate invoices, estimates, and expense reports without any hassle.
9. Business insights
Online invoicing apps help to download various business reports based on the data feed in the software. For example, business owners can get profit and loss statements, accounts receivable aging reports, sales reports, purchase order reports, tax reports, etc. Nevertheless, business reports help determine the business’s financial stability.
10. Highly professional
Digital invoices or e-invoices are more professional and legitimate than manual spreadsheets or invoices. Hence, when you subscribe to online invoicing plans for generating professional invoices, you get more privilege than just invoicing.
These are the top ten benefits of cloud invoicing software for small businesses and professionals.
Moon Invoice was designed and developed to simplify the invoicing process for small, medium, and large businesses. It has a highly advanced feature- set and fully automated invoicing processing that helps companies to be more efficient & productive. Invoice processing via Moon Invoice is done with maximum accuracy and removes any such probable errors associated with manual entry as it supports recurring invoices and many other features.
Users can leverage the benefits of cloud invoicing software- Moon Invoice on iOS, Mac, Android, Windows, and Website Login. So download our free invoice generator app today, and leave all your invoicing worries with us.